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CHARLOTTE, N.C. (Feb. 1, 2018) – AmWINS Group, Inc. (“AmWINS”), a global distributor of specialty insurance products and services, is pleased to announce that it has completed the previously announced acquisition of Seacoast Brokers, LLC (“Seacoast”) and Trident Claims Management, LLC (“Trident”).
Seacoast is a South Carolina-based personal lines specialty MGA that designs, distributes and services surplus lines homeowners’ business throughout the United States. Trident is a licensed third-party claims administrator which manages claims on all Seacoast-issued policies.
Seacoast and Trident will become part of AmWINS’ Access division, a nationwide delegated authority business focused on small commercial property and casualty and personal lines. AmWINS Access provides the capabilities and market access of the largest P&C wholesaler in the United States, combined with local underwriting expertise, industry-leading technology, and access to a wide range of binding authority markets and exclusive products.
Terms of the transaction were not disclosed.
About AmWINS Group, Inc.
AmWINS Group, Inc. is the largest independent wholesale distributor of specialty insurance products in the United States, dedicated to serving retail insurance agents by providing property and casualty products, specialty group benefit products and administrative services. Based in Charlotte, N.C., the company operates through more than 100 offices globally and handles premium placements in excess of $14 billion dollars annually. To learn more, visit www.amwins.com.
About Seacoast Brokers, LLC
Seacoast, a subsidiary of DBH Global, Inc., is a personal lines specialty MGA that designs, distributes and services surplus lines homeowners’ business throughout the United States. Formed in 2001 and based in Hilton Head Island, South Carolina, Seacoast provides quality homeowner products to independent insurance agents covering residential properties for predominantly, secondary, seasonal, vacation and investment use which are located in catastrophe-prone and/or resort-oriented communities. Seacoast partners with A.M. Best 'A'-rated insurance companies that provide catastrophe and non-catastrophe products for the personal lines industry. To learn more, visit www.seacoastbrokers.com.
About Trident Claims Management, LLC
Established in 2011, Trident is a licensed third-party claims administrator which manages claims on all policies issued by Seacoast Brokers. Trident’s strong customer satisfaction is a result of its dedicated focus on its core specialization in homeowners’ risks and unparalleled claims service.